Intrexon prepares to price $125M IPO [Startup Roundup] - Technical.ly Baltimore

Business

Aug. 7, 2013 10:00 am

Intrexon prepares to price $125M IPO [Startup Roundup]

This is the Startup Roundup. Every Wednesday morning, Technically Baltimore will put together the smaller pieces that make up our startup ecosystem.
Update 8/8/13 11:47 a.m.: OrderUp is not expanding from 10 to 40 digital franchises, information originally reported elsewhere that we linked to in our Startup Roundup. According to OrderUp VP of Franchising Cullen Newton, "OrderUp is in 25 markets, adding six franchises on Aug. 1." We've included the correction below as well.

Have news for the Startup Roundup? Get in touch.

who’s getting funded?

GlycoPure, Inc., based in Cambridge, has raised $700,000 in equity, according to SEC filings. The biotech company is modifying an existing method for converting the chemical compound chitin into glucosamine, “which is used in products sold as building blocks for cartilage.”

PrintLess Plans, based in Baltimore, received $100,000 from TEDCO‘s Technology Commercialization Fund, said cofounder Jared Lyles by e-mail. The startup, one of the six graduates from this year’s AccelerateBaltimore class, makes lightweight, large-format, electronic displays for carrying blueprints to construction sites.

who’s making moves?

Biotech company Intrexon Corp., based in Germantown, is preparing to price its IPO this week. According to CityBizList, Intrexon “plans to raise $125 million by offering 8.3 million shares at a price range of $14.00 to $16.00.” Intrexon, which focuses its efforts toward synthetic biology, recently raised $85.6 million in funding.

Canton-based online food-delivery startup OrderUp added six new digital franchises on Aug. 1. As Technically Baltimore reported in January, OrderUp allows individual franchisees to own and operate online food-ordering websites in places cofounder Chris Jeffery calls “units”: geographic areas with around 100,000 people and between 200 and 400 restaurants. Right now, OrderUp operates in 25 markets.

Advertisement

-30-
JOIN THE COMMUNITY, BECOME A MEMBER
Already a member? Sign in here

Advertisement

JHU-born Treyetech picks up $30K at prominent business plan competition

PaverGuide looks to reduce stormwater runoff, pollution after the water hits the road

UMB startup NextStep Robotics raises $600K for device treating foot drop

SPONSORED

Baltimore

Building a data acquisition system? Don’t make this mistake

Baltimore, MD 21201

14 West

Junior Database Administrator

Apply Now
Baltimore, MD

Whitebox

Javascript Developer

Apply Now
Baltimore

14 West

Reporting Analyst

Apply Now

Clean Creative is now clean.io, raises $2.5M seed round

emocha Mobile Health moves to Mount Vernon offices

Baltimore hosted Venture for America’s regional job fair connecting new fellows and startups

SPONSORED

Baltimore

How SmartLogic accelerated these startups’ product growth trajectories

Baltimore

14 West

Project Analyst

Apply Now
Baltimore

14 West

Senior Java Software Engineer

Apply Now
Baltimore

14 West

Project Specialist

Apply Now

Sign-up for daily news updates from Technical.ly Baltimore

Do NOT follow this link or you will be banned from the site!